In the Classic Movie Twelve O'Clock High, the Misfits and Poor

question 68

Multiple Choice

In the classic movie Twelve O'Clock High, the misfits and poor performers in a bomber squadron during World War II are put into one crew and forced to fly a plane named The Leper Colony as a form of punishment. Salancik and Pfeffer would predict that having this group of disgruntled men working together in one social unit would MOST LIKELY ________.

• A) increase the level of job satisfaction due to the weakness of comparative others
• B) increase the level of job satisfaction due to the close cohesion such a group would generate
• C) decrease the level of job satisfaction because of the negative social environment
• D) not affect job satisfaction, because all of the workers are misfits and poor performers

Recognize the importance of source documents in the accounting process.

Describe the link between major financial statements: income statement, balance sheet, and statement of owner's equity.

Explain the role of accounting in the measurement, analysis, and reporting of financial performance and position.

Understand the concept and calculation of net income and capital within a stated period.

---

Definitions:

Appreciation

An increase in the value of one currency relative to another currency.

Nanotechnology

The science and technology of creating and utilizing materials, devices, and systems by manipulating matter at the nanometer scale.

Economic Growth

An increase in the production of goods and services in an economy over a period, often measured as the percent rate increase in real gross domestic product (GDP).

Foreign Exchange Market

A global decentralized or over-the-counter market for the trading of currencies, enabling currency conversion for international trade and investment.